SunFunder, a fund manager and intermediary for solar energy investments in sub-Saharan Africa, has made the first disbursement from a new US$11mn syndicated debt facility to SunCulture, a solar irrigation company based in Nairobi, to expand its operations in sub-Saharan Africa
Energy
JCG commits US$13mn in Highview Power to help tackle renewable energy storage gap in Africa
Janus Continental Group (JCG), a conglomerate with businesses in the energy, hospitality and real estate sectors across three continents, has announced that it has invested US$13mn in Highview Enterprises Limited, the developer of liquid air long-duration energy storage systems, called the CRYOBattery
GE to power West Africa Energy’s 300MW combined-cycle power project
GE has secured an order to supply gas power generation equipment for West Africa Energy’s 300MW combined-cycle power project in Cap des Biches, Dakar, Senegal
Starsight invests in UPDC to open up solar potential in Nigeria
Starsight, a leading West African Commercial and Industrial (C&I) solar power provider, has announced that it has invested in UPDC Facility Management Limited (UPDC FM), a joint venture with UACN Property Development Company Plc (UPDC)
ENGIE incorporates Africa in its MESCAT business unit
ENGIE has merged its Africa portfolio with the MESCAT Business Unit under the leadership of Sébastien Arbola, CEO of ENGIE MESCATA (Middle East, South and Central Asia, Turkey and Africa)